Prviate or Public limited company
This query is : Resolved
23 September 2008
The Govt of jammu and kashmir holds 53% of shares in The jammu and kashmir Bank Ltd. As per the company law, it is called a public ltd company. But the actual position is that it is called as private bank. why.
Chankya Dubey.
The Govt of jammu and kashmir holds 53% of shares in The jammu and kashmir Bank Ltd. As per the company law, it is called a public ltd company. But the actual position is that it is called as private bank. why.
Chankya Dubey.
23 September 2008
Guest
Guest
(Expert)
09 October 2009
People called the bank as Private Bank.
But, In actual It is Public Limited Company.
Don't go with people's use of words, go with the law.
But, In actual It is Public Limited Company.
Don't go with people's use of words, go with the law.
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